Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

Seoul’s Indo-Pacific Strategy has been broadly welcomed by a number of states in the region who view the platform as further aligning with their strategic outlook. It’s in these states’ interests that the Indo-Pacific Strategy is future proof - it won’t be an easy task. On 11 November 2022 in Phnom Penh, President Yoon Seok…

This is the first in a two part series looking at youth employment in Korea. The employment rate for Korean youth (aged 15-29) is well below the OECD average (Figure 1), with negative consequences for the young people concerned and the economy. Youth unemployment and inactivity have a long-term scarring effect that reduces employment rates later…

The year 2022, when the world hoped to be free from COVID-19, had a grim start due to the Russia’s invasion of Ukraine. Every country in the world is being influenced and taught lessons by the Ukrainian war. North Korea is no exception. What lessons did Kim Jong-un learn from the Ukraine case? ∙ Domestic…

This is the ninth piece in a series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series and other issues of note developed in 2022. The original “10 Issues” piece can be found here. Shortly after Russia’s invasion of Ukraine, South Korea announced that it would…